US Landscaping Services Market to Reach US$80.06 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive US report on Landscaping Services market. Although tempered by the recent economic recession, and subsequent decline in consumer spending, residential housing and construction activity, the landscaping services market in the US is expected recover poise and reach US$80.06 billion by 2015. Post recession economic recovery, resurgence in consumer spending, growing emphasis of homeowners on backyard beautification, and the imminent rise in remodeling activities will be the latent demand drivers triggering long term growth in the US landscaping services market.

Landscaping Services: A US Market Report

San Jose, California (Vocus)May 31, 2010

The need to beautify commercial/residential property as a place for relaxation, entertainment or work, has long nourished the interest in landscaping. The worth added to the value of property by decorative structures, ponds, patios, and green-winding pathways too cannot be undermined. Keeping in view the growing popularity and importance of landscaping as an art, science, and commercial value proposition, it is of little surprise that landscaping services has now become one of the most important domains in the overall services industry. Landscaping services in the United States is an established industry featuring several companies that offer wide gamut of services ranging from lawn, garden, ornamental shrub & tree services to hardscaping services. Gardening, and landscaping with decorative furniture have been the most common ventures, which have been taken up by US homeowners until the economic slowdown brought landscaping projects to a screeching halt.

The recent downturn in the US economy and the blow it has dealt to the construction sector proved to be a dampener for the US landscaping services industry. Private construction and remodeling work has also been mauled down due to weak residential spending. Likewise, spending on landscaping and land beautification too weakened, given that a greater number of these big-ticket projects are financed by credit. Commercial and office landscaping projects have slid downhill over the last year, with only schools/educational institutions and large public sector undertakings (public sector funded projects) showing promising activity. However, as the year 2010 limps out on a broken economy, improvement in the business environment and recovery in growth is forecast to be on cards, given that the benefits of a good landscape design cannot be suspended for long. Recovery in government spending directed towards beautifying public areas and non-residential buildings construction together with growth in construction of new golf courses will give the landscaping services market a new lease of life. Residential and commercial customers are expected to revert back to landscaping for air purification, energy savings, enhancing property value, and ensuring privacy & security to homes, which in turn drives the need for professional landscaping services. Guiding principles of careful stewardship and artful preservation of natural environments will prop up growth in the upcoming years.

As stated by the new market research report on the US Market for landscaping services, the garden/lawn landscaping services market is the largest segment, having accounted for about 72.29% share in the total market revenue for the year 2009. Growth in this segment has been traditionally fashioned by the demand from the residential sector.

The report titled “Landscaping Services: A US Market Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, service overview, key market trends & restraints, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in value sales for US Landscaping Services market by the following service segments – Garden/Lawn Landscaping (Commercial and Residential), and Others.

Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.